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A Quinbrook project

Quinbrook raises US$3 billion for Net Zero Power Fund

August 1, 2024
Quinbrook has closed financing for its Net Zero Power Fund (NZPF), with US$3 billion of new capital commitments.
The House passed the measure in a 220-213 vote, with one Democrat voting against. Image: Image: Pixabay.

US senators seek to exclude Chinese PV manufacturers from IRA tax benefits

August 1, 2024
The “American Tax Dollars for American Solar Manufacturing Act” was introduced yesterday by a bipartisan group of senators.
Wacker_Polysilicon_Plant_Charleston_Tennessee_-_Credit_Wacker

Wacker posts 55% drop in polysilicon sales in Q2 2024

July 31, 2024
Wacker Polysilicon generated €232 million in sales from April through June 2024, down from €513 million in the same period 2023.
An Encavis solar project.

Encavis secures €145 million from Commerzbank for 260MW German solar project

July 31, 2024
Encavis has secured €145 million in financing to complete the construction of the 260MW Bartow solar park in Germany.
The Apex Solar project has a capacity of 105MW. Image: Enlight Energy

Enlight bags US$400 million for 364MW/1.2GWh New Mexico solar-plus-storage

July 31, 2024
Independent Power Producer (IPP) Enlight Renewable Energy has closed financing for the battery energy storage system (BESS) portion of its 364MW/1.2GWh Atrisco solar-plus-storage project in New Mexico, USA.
Ilmatar's Joroinen airport solar farm in Finland. Image: Ilmatar.

EU issues second cross-border renewables tender under RENEWFM

July 31, 2024
The tender will seek ground-mounted solar PV projects and onshore wind capacity, though the Commission has yet to announce the tendered capacity.
Microgrids have proven popular in rural markets, but have also started to be picked up in urban areas to mitigate power outages. Image: Steama Co.

Mirova invests US$20 million in West African C&I solar developer

July 30, 2024
The long-term debt financing will enable ManoCap to consolidate its business in Ghana and Sierra Leone and expand into neighbouring markets.
Silfab Solar is aiming to expand its module production capacity in the US by 1.3GW by 2024. Image: Silfab Solar

IRA transferability market reaches US$11 billion in H1 2024

July 30, 2024
Crux said that the tax credit transferability market has “outpaced expectations” from when the Department of Treasury released guidance on the scheme in June 2023.
Image: Recurrent Energy

EIB makes two loans to back PV in Southern Europe

July 25, 2024
Greek energy company DEPA Commercial and solar developer Recurrent Energy both secured loans from the bank this week.
Solar-wind hybrid project

Pexapark reports 1.5% decline in European PPA prices in June

July 25, 2024
Pexapark's latest report notes a 1.5% decline in the average price of a PPA signed in Europe from the end of May to the end of June.

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